Venezuela Is Running Out of Oil Storage Space Amid Tanker Curbs
Venezuela may soon have to start closing some oil wells as it runs low on storage capacity following last week''s tanker seizure and US plans to block other sanctioned vessels.
Venezuela Resorts to Floating Storage as Onshore Tanks Fill Up
Building floating storage has become necessary as the company negotiates price discounts and contract changes with some customers, while others begin to push to return
Venezuela Faces Oil Storage Crisis as Tanker Restrictions
Price discounts on Venezuela''s Merey crude have widened due to the increased risk of U.S. interventions. Over 11 million barrels of Venezuelan oil are stuck on vessels,
Residual fuel fills Venezuela''s storage tanks as exports cut to
The accumulation of residual fuel inventories in Venezuela''s onshore tanks is forcing state energy company PDVSA to resort to extreme solutions to avoid shutting down refining
Venezuela Uses Floating Storage as Onshore Tanks Fill Up
The company is turning to floating storage as negotiations on price discounts and contract terms intensify. Some buyers are even seeking to return shipments to Venezuelan ports.
Trump war: Residual fuel fills Venezuela''s storage tanks
After nearly filling onshore tanks, PDVSA has been storing crude and fuel oil in tankers as part of a floating storage strategy. But with some 25 million barrels of residuals
How Much Is Venezuela''s Oil Worth?
The useful take is harder: what price Venezuela''s grades can actually fetch versus Brent, what share of extra-heavy oil can realistically be recovered, and whether tankers can
Venezuela Offshore Energy Storage Market (2025-2031)
Historical Data and Forecast of Venezuela Offshore Energy Storage Market Revenues & Volume By High-Pressure Air Tanks for the Period 2021-2031 Venezuela Offshore Energy Storage
Venezuela resorts to floating storage as onshore storage tanks fill up
Building floating storage has become necessary as the company negotiates price discounts and contract changes with some customers, while others begin to push to return